UPL trade ideas
UPL - Support TradeUPL looks good on the daily and weekly chart and stock was also seen bouncing from the short-term support @ 755-760
Sustaining these support levels, stock can move up to 780 initially then towards 80 levels in the coming week.
Though Index looks weak, try to take a trade as close to the support area for a better risk reward.
Disclaimer: Trade at your own risk.
UPL Trendline BrokenUPL is falling for last one month now it has showed some strength.
Trendline has broken
In option chain for 24th nov there is volume in call side.
There is one block deal purchase on 8th aug in this stock whose sell deal is not there in block deals so we can assume that postion is still open
UPLThe company derives 95% of its revenue from Agro Activity and 5% from Non-Agro Activity.
UPL derives a majority of the revenue from Latin America (39% of the revenue), followed by North America (17% of the revenue), Europe (15% of the revenue), India (12% of the revenue), and the remaining 17% from the rest of the world
Good Fundamentals , Wait for breakout above 793 and Enter with SL of 735 on DCB
Target 864 , 1000
Market Cap
₹ 58,333 Cr.
Current Price
₹ 777
Stock P/E
13.8
Book Value
₹ 333
ROCE
15.6 %
ROE
16.7 %
Promoter holding
29.0 %
EPS last year
₹ 47.5
EPS latest quarter
₹ 10.8
Debt
₹ 33,438 Cr.
Pledged percentage
0.00 %
Net CF
₹ 1,000 Cr.
Price to Cash Flow
8.98
Free Cash Flow
₹ 3,931 Cr.
Debt to equity
1.34
OPM last year
20.6 %
OPM 5Year
19.9 %
Reserves
₹ 24,808 Cr.
Price to book value
2.34
Int Coverage
3.39
PEG Ratio
0.84
UPL - MULTIPLE INDICATOR 📊 Script: UPL (UPL LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500
📊 Sector: Chemicals
📊 Industry: Fertilizers & Agrochemicals
This stock pick is according to my study. I have use few indicator that is
BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
VOLUME
📈 Stock has given breakout of upper band of BB.
📈 today's rally was with higher volume then previous one.
📈 RSI is around 71.
📈 there is already crossover's at MACD and Double Moving Average few days ago.
🟢 Target 🎯🏆 - 848
⚠️ Stoploss ☠️🚫 - 714
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
UPL*Price has formed and retested the ascending triangle pattern.
Can take the long entry when 708.00 gets break till 721.00 or higher.
Profit of 1% for intraday/swing, in swing hold your trade if it is winning as most probably it will break the 721.
STOP LOSS - near 696.00
NOTE - LOOK VOLUME WHILE BREAKOUTS.